F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
support@thetaxheaven.com
F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comRelaxo Footwears Ltd is one of India’s most trusted and leading footwear companies, known for its affordable and durable products under popular brands such as Sparx, Flite, Bahamas, and Relaxo. With strong brand recognition and a wide retail presence, the company continues to be a consistent performer in the Indian consumer market.
In this article, we’ll analyze Relaxo Footwears Ltd’s share price target from 2025 to 2030, along with its fundamentals, shareholding pattern, and future growth outlook.
| Detail | Value |
|---|---|
| Open | ₹427.00 |
| Previous Close | ₹427.00 |
| Day’s High | ₹454.55 |
| Day’s Low | ₹423.50 |
| 52-Week High | ₹808.85 |
| 52-Week Low | ₹390.35 |
| Market Capitalization | ₹11,003 Cr |
| Beta (Volatility) | 0.97 |
| Book Value per Share | ₹80.78 |
| Face Value | ₹1 |
| Dividend Yield | 0.68% |
| VWAP | ₹437.12 |
| 20D Avg Volume | 750,316 |
| 20D Avg Delivery (%) | 80.55% |
Founded in 1976 and headquartered in New Delhi, Relaxo Footwears Ltd has become a household name in India’s footwear industry. The company manufactures and markets products across multiple categories, including casual wear, sportswear, and formal footwear. Its strong distribution network spans across 50,000+ retailers and exclusive brand outlets nationwide.
Leading player in the affordable footwear segment in India.
Strong brand recall with multiple successful sub-brands like Sparx, Flite, and Bahamas.
Increasing presence in e-commerce and retail expansion across Tier 2 and Tier 3 cities.
Focus on sustainable production and design innovation.
Robust financials with consistent revenue and EBITDA growth.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 71.27% |
| Retail & Others | 15.93% |
| Mutual Funds | 9.92% |
| Foreign Institutions | 2.86% |
| Other Domestic Institutions | 0.03% |
The high promoter holding indicates strong management confidence, while the consistent interest from mutual funds and FIIs reflects positive long-term institutional trust.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 440 | 460 |
| 2026 | 480 | 520 |
| 2027 | 530 | 570 |
| 2028 | 580 | 630 |
| 2029 | 640 | 700 |
| 2030 | 710 | 780 |
These price targets are estimated based on Relaxo’s historical performance, brand expansion, profit margins, and market trends in the Indian consumer goods sector.
In 2025, Relaxo is expected to maintain steady growth due to recovering consumer spending and the rising demand for affordable footwear.
Why?
Increased penetration in rural and semi-urban markets.
Cost optimization and margin improvement post-pandemic.
Brand loyalty in domestic markets.
Investment Advice: Ideal for conservative investors looking for steady returns and low volatility.
In 2026, Relaxo may benefit from higher profit margins driven by volume growth and strong demand in the budget-friendly category.
Why?
Expansion of distribution network and brand outlets.
Increased exports and online sales.
Better operating leverage and raw material cost stability.
Investment Advice: Hold for long-term; SIP investing is suitable to average out market fluctuations.
In 2027, Relaxo could witness an upward price momentum due to expanding urban demand and rising disposable income.
Why?
Collaboration with global brands for premium products.
Expansion into international markets in Asia and Africa.
Growth in sportswear and youth-oriented footwear segments.
Investment Advice: Suitable for medium-term investors seeking portfolio stability and brand-led growth.
By 2028, Relaxo Footwears is expected to strengthen its market leadership in the Indian footwear industry.
Why?
Enhanced automation in manufacturing units.
Strong cash flow management and reduced debt.
Brand recognition across e-commerce channels.
Investment Advice: Continue to hold; potential for steady CAGR in double digits.
In 2029, the company could achieve stronger revenue growth supported by both domestic and export markets.
Why?
Expansion into premium footwear line.
Increasing brand equity in retail.
Stable dividend yield with sustainable profit growth.
Investment Advice: Hold or accumulate during dips for long-term wealth creation.
By 2030, Relaxo Footwears Ltd is likely to be a leading lifestyle brand in India’s consumer market.
Why?
Diversified product portfolio and innovation-driven approach.
Strong market share across all footwear segments.
Consistent growth in earnings per share (EPS) and return on equity (ROE).
Investment Advice: Excellent choice for long-term investors seeking steady compounding and low-risk exposure.
Yes, Relaxo Footwears Ltd is a fundamentally strong company with a proven track record of stable growth. Its leadership position in the affordable footwear space and consistent financial discipline make it an attractive long-term investment option.
Strong promoter holding (over 70%).
Consistent dividend payer.
Robust balance sheet and cash reserves.
Expanding market share across India and abroad.
Raw material price volatility (especially rubber).
Competition from new domestic brands.
Slowdown in rural consumption.
Always consider your risk appetite and investment horizon before investing.
Relaxo Footwears Ltd continues to demonstrate solid fundamentals, strong brand positioning, and consistent profitability. With a current price around ₹427 and a market capitalization of ₹11,003 crore, the stock holds long-term potential to deliver steady returns.
By 2030, analysts project Relaxo’s share price could reach ₹780, driven by market expansion, innovation, and operational excellence. Investors seeking steady, low-volatility, and growth-oriented stocks can consider adding Relaxo Footwears to their long-term portfolio.
1. What is the next target for Relaxo Footwears Ltd?
The next target for Relaxo Footwears is ₹460 in 2025, based on current growth trends.
2. Is Relaxo Footwears a good buy right now?
Yes, it’s a good buy for long-term investors focusing on stable returns and strong fundamentals.
3. What is the 2025 target for Relaxo Footwears Ltd?
Analysts expect Relaxo Footwears to trade between ₹440 and ₹460 in 2025.
4. What is Relaxo’s 2030 share price target?
The projected share price for 2030 ranges from ₹710 to ₹780.
5. Does Relaxo Footwears give dividends?
Yes, Relaxo regularly distributes dividends and maintains a dividend yield of 0.68%.
6. What is Relaxo’s market cap?
As of October 2025, the market capitalization stands at ₹11,003 crore.
7. Who are the promoters of Relaxo Footwears?
The promoters collectively hold 71.27% of the total shareholding.
8. Is Relaxo Footwears debt-free?
Relaxo maintains a low-debt balance sheet and generates healthy operating cash flows.
9. How can I buy Relaxo Footwears shares?
You can invest through registered brokers on NSE or BSE using a demat and trading account.
10. Is Relaxo Footwears suitable for long-term investment?
Yes, its consistent performance and brand leadership make it ideal for long-term investors.
Disclaimer: This article is for educational purposes only. Please consult a registered financial advisor before making investment decisions.
Register & Login